Mumbai, May 31 -- The equity market remained negative for another week, as BSE Sensex slid 270.07 pts or 0.33 per cent to settle at 81,451.01 during the week ended on Friday, driven by profit booking, global uncertainties, and cautious investor sentiment ahead of key economic data.
The Nifty slipped 102.45 points or 0.41 perc ent to settle at 24,750.70
Of five sessions of the week, two were in green while three were in red.
For two sessions of the week, the market was in the green, boosted by the Reserve Bank of India's record Rs 2.68 lakh crore dividend payout, easing fiscal concerns and lifting investor confidence.
However, remaining three sessions saw declines, as rising US treasury yields, global trade tensions, and elevated valuat...